Answer:
1006.72
Step-by-step explanation:
Multiply 9.68 by 104
 
        
                    
             
        
        
        
9514 1404 393
Answer:
   a.  $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
   A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
   A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
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<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
 
        
             
        
        
        
        
Answer:
1202404.6
Step-by-step explanation:
1,200,000 + 2400 =1202400
1202400 + 4.6 = 1202404.6
 
        
             
        
        
        
7m would be the length to the missing side. Hope I helped